Interested to Buy Any Domain ? << Click Here >> for more details...
Our company given party to employees. this expenditure which
account head booked ?
please tell me
- 3 Answers
- 5633 Views
- I also Faced
- E-Mail Answers
Answer Posted / vishal
this expenditure should be go to entertainment expenses.
therefore the journal entries would be
entertainment a/c dr.
to cash a/c cr.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Revenue Expenditure
what is difference among credit, loan, advance
What is fitting and fixtures?
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
What is the meaning of scrap value in accounting?
What is meaning of invoice?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
what is cost unit n what is cost sheet?
have you ever been involved in an invoice dispute? How did you manage the problem?
what is the new rate of c.s.t in uttraklhand
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
Is it mandatory for the employees staff of a School, if so give details
What is the basic accounting equation?
Spinoff,Spelloff
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
